NOT LISTED FOR SALE

Estimated Value: $7,939,000 - $9,111,286

5 Beds
7 Baths
6,052 Sq Ft
$1,416/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $7,000,000 $1,157 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $52,898/month

12 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • City Lights View
  • Warner Avenue Elementary Rated A
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of July 2019

Set behind private gates and surrounded by lush hedges and ivy-covered porticos, this spectacular villa soars above the city lights on one of the only cul-de-sacs in Bel Air. The former estate of Peggy Lee, the home was stunningly reimagined with materials sourced from around the world and installed by master craftsmen, including Venetian plaster walls and hand-sculpted ceilings and moldings. A soaring, two-story foyer spills into the great room lined with accordion doors that open to the pool. The main level includes a formal dining room, chef's kitchen, elevator, wine cellar, library, office and screening room. Upstairs features a 2,000-SF terrace with panoramic city views, full catering kitchen, outdoor fireplace, 3 ensuite bedrooms and exquisite master suite with dual showroom closets and opulent bathroom. Modeled after famed architect Addison Mizner, the romantic grounds include pool, spa, water fountains, loggia and terraces with full outdoor kitchen, pizza oven and sport court.

Last Agent to Sell the Property

Jon Grauman

Resident Group License #01469825 Listed on: 06/25/2019

Resident Group

Co-Listed By

William Rose

The Agency License #01302611

Last Buyer's Agent

Anthony Marguleas

Amalfi Estates License #01173073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,278

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot
  • Gated Home
  • Property is zoned LARE20

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Auto Driveway Gate

Property Views

  • City Lights
  • Woods
  • Trees

Interior Spaces

  • 6,052 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 6 Fireplaces
  • Home Theater
  • Den
  • Library with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 7 Full Bathrooms

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4368-021-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,278

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 6052
  • Stories: 2
  • Year Built: 1969
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Family Room, Library, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 5
  • Fireplaces: 6
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1156.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: City, City Lights, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Driveway Gate, Garage - 2 Car, Private
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated, Prewired for alarm system
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4368-021-015
  • Geocode Override: No
  • Lot Size Area: 15745

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jul 10, 2019
Sold by
Miller Michael and Miller Hayley
Bought by
Christianson Jon L and Christianson Wel Sun
Seller's Agent
Jon Grauman
Resident Group
Buyer's Agent
Anthony Marguleas
Amalfi Estates
List Price
$7,000,000
Sold Price
$7,000,000
Current Estimated Value
$8,567,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,567,762
Avg. Annual Appreciation
3.29%

Purchase Details

Closed on
Aug 21, 2002
Sold by
Hanson Jon L
Bought by
Miller Michael and Miller Hayley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1997
Sold by
Lee Peggy
Bought by
Lee Peggy and The Peggy Lee Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Christianson Jon L $7,000,000 Equity Title Company
Miller Michael $1,800,000 California Title Company
Miller Michael $1,800,000 California Title Company
Lee Peggy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Michael $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $7,000,000 0.0% $1,157 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $7,000,000 -- $1,157 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $91,278 $7,655,520 $3,827,760 $3,827,760
2024 $91,278 $7,505,412 $3,752,706 $3,752,706
2023 $89,494 $7,358,248 $3,679,124 $3,679,124
2022 $85,338 $7,213,970 $3,606,985 $3,606,985
2021 $84,326 $7,072,520 $3,536,260 $3,536,260
2020 $85,143 $7,000,000 $3,500,000 $3,500,000
2019 $47,486 $3,947,233 $1,777,704 $2,169,529
2018 $47,188 $3,869,838 $1,742,848 $2,126,990
2016 $45,109 $3,719,570 $1,675,172 $2,044,398
2015 $44,448 $3,663,700 $1,650,010 $2,013,690
2014 $44,569 $3,591,934 $1,617,689 $1,974,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-481734

The MLS

APN: 4368-021-015